Convert Peruvian Nuevo Sol to Bolivian Boliviano
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Bolivian Boliviano
1 PEN = 0.51483271590646 BOB
Example: convert 15 PEN to BOB:
15 PEN = 15 × 0.51483271590646 BOB = 7.7224907385969 BOB
Peruvian Nuevo Sol to Bolivian Boliviano Conversion Table
| Peruvian Nuevo Sol | Bolivian Boliviano |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.